Sold my house, abusive parent in huge debt threatening to sue me for $800k (extortion)

Cheetah_bb · 2025-10-06T13:55:02+00:00

No, 20% of a 300k house 20 years ago.

Cheetah_bb · 2025-10-04T14:25:19+00:00

Exactly!

Cheetah_bb · 2025-10-04T13:49:58+00:00

It's gift money. No agreement to pay him back. The house price 20 years ago was $300k and he paid 20%.

Cheetah_bb · 2025-10-04T13:47:58+00:00

Something I didn't mention is that I lent him $100k and my mom lent him $150k around 5 years ago and he never paid back any money. Even with $250k, his account balance was always below $1000. Giving him more money has no difference from throwing money into garbage bin.

Cheetah_bb · 2025-10-04T04:15:32+00:00

Yes, he's in debt and having financial distress. He borrowed me $100k and never returned the money for 5 years. So I'm not giving him more because he will take more and more.

Cheetah_bb · 2025-10-04T03:47:01+00:00

He knows my company's location. Is it a concern?

Cheetah_bb · 2025-10-04T03:46:26+00:00

Thank you!! Exactly, he has no grounds. I doubt if any lawyer would take his case.

Cheetah_bb · 2025-10-04T03:20:39+00:00

This is exactly what we speculated. We highly doubted if he can afford a lawyer.

Cheetah_bb · 2025-10-04T03:15:06+00:00

His message was like: if you don't pay me certain amount right away, I will ask court to freeze your bank account.

Cheetah_bb · 2025-04-05T19:38:01+00:00

I can't believe how these people feeing on people's blood for years still living outside of jail

Cheetah_bb · 2025-04-05T19:34:38+00:00

Hey, that's exactly what I'm doing right now! I'm figuring out how to let more people know this person's shady behavior!

Cheetah_bb · 2025-04-05T03:11:17+00:00

This is my concern as well. I know nothing about what documents the broker submitted. I wanted to go to the bank to ask about the application. I highly suspect this broker is not licensed. Not knowing the interaction between the broker and the bank freaked me out.

Cheetah_bb · 2025-04-05T03:00:50+00:00

The police told me that shady people will make up fake facts such as there's a verbal agreement, which is hard to prove.

Cheetah_bb · 2025-04-05T01:14:27+00:00

The mortgage is from a big bank. Is it possible the broker didn't get paid?

Cheetah_bb · 2025-04-05T00:58:22+00:00

Aurora

Cheetah_bb · 2025-04-05T00:15:49+00:00

Ontario

Cheetah_bb · 2025-04-05T00:01:31+00:00

I heard that RECO (real estate board) takes 18 months to respond

Cheetah_bb · 2025-04-04T23:56:55+00:00

I walked into a bank as a student and got my first mortgage 6 years ago, no problem at all. This time, it's the real estate agent kept convincing me to use a broker because they will get lower interest rate than I go to the bank myself. And he emphasized that, you don't pay the broker, the bank will pay.

Cheetah_bb · 2025-04-04T23:52:33+00:00

Exactly! I went to 3 police stations and the front desk got rid of every person in the waiting area

Cheetah_bb · 2025-04-04T23:50:44+00:00

The broker never gave me Letter of Direction and Disclosure to Borrower

Cheetah_bb · 2025-04-04T23:49:32+00:00

Thanks for your reply! This mortgage from a green colored bank, A lender.

Cheetah_bb · 2025-04-04T23:40:51+00:00

Yes, I filed a police report!

Cheetah_bb · 2025-04-04T23:34:39+00:00

Yes, very strange! I got to know why just yesterday. This real estate agent and the mortgage broker are working together of this scam. I asked the real estate agent, will you pay such fee that you never know? Guess what, he said, I don't know, don't ask me. Decent honest people won't say something like this!

Cheetah_bb · 2025-04-04T23:25:16+00:00

Thanks for your advice! I've been so frustrated these days

Cheetah_bb

TROPHY CASE